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I am in the process of buying either a duplex or a single family house with a finished basement. I found this beautiful, fairly recently renovated single family house with a "finished basement" . But on inspection, we...
Do you need good credit or some credit to succeed in real estate?
When I started in RE I had great credit and the path has been fairly easy in terms of using the banks money.
I figure someone with high capital does...
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Hi BP friends!
Can one of you, investor gurus, tell me what is wrong with my ad? I post it with Postlets and Craigslist. It's been about 40 days and I only got 2 calls. The property is in Houston Texas 77035
Here is a...
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Hey Lender Friends,
Do you specifically know which version of the FICO score you use for qualification? — i.e. FICO score 5, FICO score 8 etc. — Is it typical for a lender to know or not know which one they use?
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Hello BPIn Wisconsin the law explains that if a landlord charges an applicant a fee to check their credit then it cannot be more than 20 dollars. I will be putting out applications for the first time next week... So ...
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I'm listed as an authorized user on a few of my parents' credit cards. My plan is to buy my first investment property in about 18 months and i'm trying to get my credit score as high as possible during this time. Thei...
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Hi fellow BP'ers! I have been a lurker here for quite a while and decided I would jump in and get my feet wet! I am a newer RE agent here in Colorado (2014) and have been wanting to invest in rentals. I currently do n...
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Hi BP audience,
My name is Jason and I purchased a duplex near Fort Hood following deployment in 2011 for $130k. Since purchasing the place I have replaced/updated so much that the house is virtually on cruise control...
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As we all know, a good tenant can be make or break for your investment. I am curious to see what steps do you have or requirements do you put in place to ensure you are securing the right tenant?
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I founded an LLC a few months ago because I wanted to turn my investing into a real business instead of a side hobby. My tenants now submit their monthly rent into my business account but lenders are not allowing me t...